WEBVTT 00:00:00.016 --> 00:00:02.749 Conrad, Charlie, thank you so much for joining me today. 00:00:02.749 --> 00:00:05.582 I mean, you're both lifers really in the field of 00:00:05.582 --> 00:00:09.216 the chemicals industry, the net zero transition, sustainability, 00:00:09.216 --> 00:00:10.316 and and green tech. 00:00:10.316 --> 00:00:15.716 So I think talking about how innovation and collaboration can drive the net zero 00:00:15.716 --> 00:00:19.782 transition in your industry is a home turf for both of you. 00:00:20.116 --> 00:00:21.782 Conrad, I'd like to start with you. 00:00:22.149 --> 00:00:27.182 You've often said leading in the net zero transition is something that's very close 00:00:27.182 --> 00:00:28.749 to your heart at Clariant. 00:00:28.982 --> 00:00:31.849 That's also why you're a founding member of the Global Impact Coalition. 00:00:32.116 --> 00:00:32.482 Why? 00:00:32.482 --> 00:00:33.616 How did this come about? 00:00:34.416 --> 00:00:38.816 Our company, Clariant, is all about chemistry for a cause, 00:00:38.816 --> 00:00:40.282 for a greater cause: 00:00:40.649 --> 00:00:44.549 our purpose statement of the company's greater chemistry between people and 00:00:44.549 --> 00:00:44.916 planet. 00:00:45.416 --> 00:00:48.282 And for us, that is really the driver of growth. 00:00:49.082 --> 00:00:54.216 What made you choose that path of getting together with other companies in the GIC 00:00:54.216 --> 00:00:55.482 to do this together? 00:00:55.882 --> 00:01:00.382 Clariant is a frontrunner in sustainability, but we cannot do it alone. 00:01:00.782 --> 00:01:05.516 What we very much like in this coalition is that it is not a group where people 00:01:05.516 --> 00:01:08.982 talk with one another, but where there's basically active 00:01:08.982 --> 00:01:13.282 projects—where companies together come up with new innovations to drive 00:01:13.282 --> 00:01:17.249 sustainability. And Charlie, you've mentioned this before that the 00:01:17.249 --> 00:01:20.449 transition to net zero needs to be business case led. 00:01:20.649 --> 00:01:24.349 What's a very practical example of how you're doing this together? 00:01:25.049 --> 00:01:28.782 So to give you maybe a very concrete example as what are the sorts of projects 00:01:28.782 --> 00:01:29.949 that we are focusing on, 00:01:29.949 --> 00:01:33.382 and then how do we dive into that from a sustainability case, 00:01:33.382 --> 00:01:35.849 from a commercially viability case as well. 00:01:36.149 --> 00:01:38.649 So we have a project looking at end-of-life vehicles. 00:01:38.649 --> 00:01:42.849 We are looking at how do we create the business case knowing that we have the 00:01:42.849 --> 00:01:46.849 companies around the table who have essentially offtake demand for all of 00:01:46.849 --> 00:01:48.082 this plastic fraction. 00:01:48.449 --> 00:01:51.816 And then how do we then link that across from a value chain perspective. 00:01:51.816 --> 00:01:55.982 So working with these sources, the dismantlers, the shredders, the OEMs, 00:01:55.982 --> 00:01:59.049 for example, in order to create a business case that 00:01:59.049 --> 00:02:03.649 wouldn't have been able to exist if any one company was to try to do this alone. 00:02:03.649 --> 00:02:06.616 And then, of course, the question is, how are you then able to scale this 00:02:06.616 --> 00:02:09.116 through the Global Impact Coalition members? 00:02:09.282 --> 00:02:12.216 I'd like to stay on that scaling challenge for a moment. 00:02:12.216 --> 00:02:12.616 Conrad, 00:02:12.616 --> 00:02:15.682 if you look towards the future of the net zero transition, 00:02:15.682 --> 00:02:19.482 what are some of the trends and the technologies that you feel are really 00:02:19.482 --> 00:02:20.682 going to make an impact? 00:02:21.016 --> 00:02:21.682 Sure. 00:02:21.682 --> 00:02:24.449 Well, if I look at this from a Clariant 00:02:24.449 --> 00:02:28.016 perspective, what for us is a key development is the 00:02:28.016 --> 00:02:29.316 energy transition, 00:02:29.316 --> 00:02:33.316 circularity is a core trend where we also enable, for example, 00:02:33.316 --> 00:02:36.116 chemical recycling or mechanical recycling. 00:02:36.482 --> 00:02:40.382 And then there is a broader trend where consumers get more and more aware of 00:02:40.382 --> 00:02:43.382 sustainability, and are increasingly asking for these 00:02:43.382 --> 00:02:43.882 products. 00:02:44.216 --> 00:02:46.516 Conrad, thank you for sharing that example. 00:02:46.516 --> 00:02:48.416 Thank you both for joining me here today. 00:02:49.049 --> 00:02:49.382 Thank you.